What is Happening with GUT?

Discussion in 'Stock Market' started by william the wie, Mar 16, 2019.

  1. william the wie
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    william the wie Gold Member

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    It didn't meet all of my criteria so I decided to use it as the canary in the mine shaft, I put in an alert below its 52 week range. That alert was triggered presumably at the close. GUT is a utility trust. Utilities tend to go up when the economy is expanding. It would appear to me that while the nation as a whole is expanding significant parts of the country are contracting. What's your call?
     
  2. SassyIrishLass
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    SassyIrishLass Diamond Member

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    I just made a nice profit off ENB, sorry I'm not familiar with GUT
     
  3. william the wie
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    william the wie Gold Member

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    my goal is 1.8% dividend reinvestment per month plus some option premiums. I get lots of nasty PMs from Etrade about writing calls that leave a remnant of less than 100 shares on their DRIP issues. But it causes me to buy low and sell high, which works out quite well. My long run goal is to get a steady dividend income.
     

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